Bangladesh’s garment industry has not yet witnessed any factory closures due to the ongoing energy crisis, although the full impact may become clear over the next three months, according to BGMEA President Mahmud Hasan Khan Babu.

Speaking at a press conference at the BGMEA headquarters in Uttara on Thursday, Babu said the sector has so far remained resilient despite recent gas supply disruptions.

More Factories Opened Than Closed

The BGMEA chief noted that during the past six months under the current government, the number of newly opened factories exceeded the number of closures.

He said that while around 14,000 workers lost their jobs, approximately 24,000 new jobs were created during the same period.

“As a result, the garment sector has recorded a net increase of around 10,000 jobs,” he said.

Real Impact May Take Months to Emerge

According to Babu, factory shutdowns do not occur immediately after a crisis hits the industry.

“When a factory faces difficulties, it must first complete existing orders, settle workers’ dues, and resolve banking obligations. This process can take up to six months,” he explained.

He added that the true consequences of the recent gas shortage may only become visible after several months.

Gas Supply Situation Improving

The BGMEA president also said that gas supply conditions have improved compared with a week ago, offering some relief to manufacturers struggling with energy shortages.

Bangladesh’s ready-made garment (RMG) industry, the country’s largest export sector, has faced mounting concerns in recent months over gas and electricity shortages that have disrupted production schedules and raised operating costs for manufacturers.

Industry leaders remain hopeful that improved energy supplies and stable export demand will help the sector maintain growth momentum in the coming months.